I'm just updating my status regarding "cutting the cord." Aereo became available to residents of the NY metro area rather than just the 5 boroughs of New York City this week. I've been using the service as my only means of live TV for the week and I'm sufficiently pleased. I signed up for the $80 plan which gives me two "tuners" and 40 hours of cloud DVR space for 15 months. I've been using their Roku client, but the service is also accessible from iOS and various web browsers.

So far, I'm very impressed with the image quality and how quickly channels are cached before they start playing. The only thing I'm not so pleased with is you can't simply stream a channel for hours unattended. Once a show ends, your streaming ends. You then need to begin streaming the next program. I can survive like this, but I can imagine it can become a pain when a live program runs over its allotted time slot. I think a better compromise would be streaming for at least 3 hours. If in that timespan, you don't have any activity from remote control presses, then it cuts you off to prevent bandwidth hogging.

The service is new and still undergoing legal battles. Hopefully they can outlast and improve on that one issue. As it is now, I think the price paid is well worth it. I'm very satisfied.

They have plans to expand to more markets, so if anyone is interested in more details, I can answer questions.
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-Rob Riccardelli
80GB 16MB MK2 090000736